BOISE CASCADE Co·4/A

Mar 13, 4:44 PM ET

HIBBS KELLY E. 4/A

Research Summary

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Boise Cascade (BCC) CFO Kelly E. Hibbs Receives RSU Award; Shares Withheld

What Happened

  • Kelly E. Hibbs, SVP, Chief Financial Officer & Treasurer of Boise Cascade Co., was granted 6,345 restricted stock units (RSUs) on March 1, 2026. On the same date, 6,551 shares were withheld to satisfy tax liabilities (two withholding entries of 4,310 and 2,241 shares) at $82.74 per share, totaling $542,029 in value. This filing is an amendment correcting the number of PSU/RSU shares withheld for taxes.

Key Details

  • Transaction date: March 1, 2026; Form 4 amendment filed March 13, 2026 (more than two business days after the transaction).
  • Grant: 6,345 RSUs (reported as acquired, $0.00 per share).
  • Withholding: 4,310 shares + 2,241 shares withheld at $82.74 each (total withheld shares = 6,551; total value ≈ $542,029).
  • Shares owned after the transactions: not stated in the provided filing.
  • Footnotes: F1 = RSUs deliverable in three equal tranches on March 1, 2027, 2028, and 2029; F2 = this amendment corrects the number of PSU shares withheld for taxes; F3 = RSU shares withheld for taxes due on awards vesting.
  • Filing timeliness: Amended Form 4 filed March 13, 2026 — more than two business days after the March 1 transaction (appears late).

Context

  • These entries reflect an equity award (RSUs) and routine tax withholding (code F) rather than an open-market sale or purchase by the insider. The RSUs are slated for future delivery in three annual tranches (2027–2029). The amendment corrects the withholding amounts; the transactions do not by themselves indicate a change in the insider’s view of the company.